Financial News

By Leika Kihara TOKYO (Reuters) -Japan’s wholesale prices rose 9.0% in August from the previous year, matching the annual pace of growth in July, data showed on Tuesday, signalling that …

By Jorgelina do Rosario and Andrea Shalal LONDON/WASHINGTON (Reuters) -The International Monetary Fund’s executive board, under pressure to provide emergency funding to countries facing war-induced food price shocks, reviewed a …

By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The Federal Reserve will deliver another 75-basis-point interest rate hike next week and likely hold its policy rate steady for an …

By Leika Kihara TOKYO (Reuters) -The yen may be near 24-year lows, but Japan’s central bank is not even close to trying to support it with higher interest rates. That …

SHANGHAI (Reuters) – China’s auto sales reached 2.38 million units in August, increasing 32.1% from a year ago, as they extended a recovery led by electric vehicles (EV) whose sales …

By Stephen Culp NEW YORK (Reuters) – Wall Street extended its winning streak on Monday, rallying to a sharply higher close as investors awaited crucial inflation data that could provide …

(Reuters) -The largest U.S. liquefied natural gas exporter, Cheniere Energy Inc, on Monday raised its earnings outlook and laid out plans to pay higher dividends and share repurchases while adding …

By Akash Sriram (Reuters) -Oracle Corp met Wall Street targets for first-quarter revenue on Monday as the enterprise software maker started to reap the benefits of buying healthcare IT firm …

By Hyunjoo Jin SAN FRANCISCO (Reuters) -General Motors’ self-driving technology unit Cruise plans to expand its driverless ride service to include Phoenix, Arizona, and Austin, Texas, in 90 days, Cruise …

By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group Inc will cut jobs as early as this month after pausing the annual practice for two years during the pandemic, according …

By Svea Herbst-Bayliss (Reuters) -A majority of Twitter Inc’s shareholders have voted in favor of the social media company’s $44 billion sale to Elon Musk, people familiar with the tally …

(Reuters) – The International Monetary Fund Managing Director Kristalina Georgieva said on Monday that a staff-level agreement with Argentina should be concluded in coming days as the organization conducts a …

By Kanishka Singh WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Monday it has charged cloud computing company VMware Inc with misleading investors by obscuring its financial …

By Svea Herbst-Bayliss (Reuters) – A majority of Twitter Inc’s shareholders have voted in favor of the social media company’s $44 billion sale to Elon Musk, people familiar with the …

By Joey Roulette WASHINGTON (Reuters) -A rocket from Jeff Bezos’ space company Blue Origin failed mid-flight shortly after liftoff on Monday, aborting its cargo capsule to safety before crashing into …

By Natalia A. Ramos Miranda (Reuters) – Chile’s government launched a plan on Monday to promote investment into 2023 that includes an array of tax breaks for the world’s largest …

By Irene Wang and Tom Bateman TOKYO (Reuters) -Bucking the age-old stereotype of hard-drinking college students, Manaka Okamoto considers the next day’s schedule before cracking open an alcoholic beverage. “If …

By Jonathan Stempel NEW YORK (Reuters) -AstraZeneca Plc on Monday won the dismissal of a U.S. shareholder lawsuit claiming that it concealed problems in developing its COVID-19 vaccine, making it …

By Sinéad Carew New York (Reuters) – Wall Street equity indexes closed higher on Monday as some investors bet that August data would show easing U.S. inflation while others were …

By Foo Yun Chee BRUSSELS (Reuters) – Amazon’s proposal to halt certain online selling and marketing practices in a bid to avert possible hefty EU antitrust fines should be rejected …

(Reuters) -A U.S. regulator on Monday fined Bank of America Corp $5 million for failing to report over-the-counter options positions approximately 7.42 million times, making it harder to monitor markets …

By Caroline Valetkevitch NEW YORK (Reuters) – The dollar fell to its lowest level in more than two weeks against a basket of currencies on Monday following recent strong gains, …

(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Investors get the latest U.S. inflation figures on Tuesday, which will set the seal – or …

By Laura Sanicola NEW YORK (Reuters) -Oil prices settled higher on Monday, shaking off weaker demand expectations as supply concerns mount heading into the winter. Brent crude futures settled up …